Home Depot Forecasts Earnings Drop This Year

[ad_1] Business Earnings Home-improvement retailer says shifting consumer spending, $1 billion in wage increases will weigh on profit [ad_2] Source link

U.S. Households Lifting Economy After Being Stung by Climbing Prices Last Year

[ad_1] Economy U.S. Economy Wage gains, state tax cuts and cost-of-living adjustments are boosting disposable income [ad_2] Source link

OPEC Expects Stronger Economies to Boost Oil Demand

[ad_1] Markets The Organization of the Petroleum Exporting Countries increased its prediction for global oil demand growth this year by 100,000 barrels a day [ad_2] Source link

VW Says 2022 Sales and Profit in Line With Forecasts

[ad_1] Business Earnings Preview Preliminary figures show supply-chain woes weakened cash flow [ad_2] Source link

Fed’s Jerome Powell to Address Economic Outlook, With Hiring Surge in Spotlight

[ad_1] The central bank has been raising interest rates as it seeks to slow growth and curb inflation. [ad_2] Source link

January’s Hiring Boom Caught Economists by Surprise. Why Forecasts Often Miss the Mark.

[ad_1] The U.S. added more than a half million jobs last month. Forecasters had expected less than 200,000. [ad_2] Source link

IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens

[ad_1] Economy International lender sees much less chance of recession, though war in Ukraine still poses risks [ad_2] Source link

Germany Sees Its Economy Growing This Year Despite the Ukraine War

[ad_1] Economy Europe Economy The government now thinks Europe’s largest economy might avoid a short recession altogether this winter [ad_2] Source link

Verizon Adds Subscribers as Earnings Guidance Falls Short of Forecasts

[ad_1] Business Earnings Wireless company adds 217,000 postpaid phone connections boosted by gains in consumer unit [ad_2] Source link

China’s Property Bust Compounds Economic Pain

[ad_1] The country’s housing market flipped from being a growth driver to an economic drag in 2022, and the prognosis for this year isn’t much better. [ad_2] Source link